Santa delivers as PENGU, Jasmy, IOTA, and Algorand prices surge

Santa Claus rally happened in the crypto industry as some big altcoins experienced double-digit gains.   Pudgy Penguins (PENGU), the recently airdropped token, soared by 40% on Dec. 24, bringing its market cap to $2.

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Bitcoin ETFs record over $1 billion outflows ahead of Christmas, contrasting Ethereum’s inflow surge

US spot Bitcoin and Ethereum ETFs are seeing varied market performance, signaling divergent investors’ interest in the top digital assets. On Dec. 23, Bitcoin ETFs recorded their third straight day of outflows, totaling $226.

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Rising crypto scams lead to $2.3 billion in total losses in 2024

Cybersecurity company Kaspersky revealed that malicious actors have devised a new scam involving seed phrases to target unsuspecting crypto users, according to a Dec. 23 blog post. This sophisticated scheme preys on individuals’ curiosity and dishonesty, leading to financial losses for unsuspecting victims.

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Telegram’s 4x YoY subscriber growth pushes platform to profitability

Telegram officially became profitable in 2024, generating over $1 billion in revenue for the first time, according to the platform’s founder, Pavel Durov. Durove announced the achievement in a social media post on Dec.

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Crypto market snapshot, Dec 23: BTC at $95K, MOVE and HYPE see double-digit drops

The cryptocurrency market faced another day of bearish pressure, with Bitcoin (BTC) hovering around the $95,000 mark. The global crypto market cap dipped nearly 2% to settle at $3. 27 trillion, while trading volumes shrank by 15% to $138 billion.

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Asset manager GraniteShares files for RIOT, MARA, MSTR, and HOOD ETFs

GraniteShares, a fast-growing asset manager with over $10 billion, has filed for new crypto-linked exchange-traded funds. On Friday, Dec. 20, the New York-based firm filed for new leveraged ETFs to track companies like Riot Platforms, Marathon Digital, MicroStrategy and Robinhood. …

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Shiba Inu, Bonk, Pepe prices rebound: Beware of dead cat bounce

Most meme coin prices rebounded on Saturday, Dec. 21, after falling for most of the week, with their combined market cap rising by 4.7% to $109 billion. Shiba Inu (SHIB) price rose by 12.6% to an intraday high of $0.00002397.…

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Marathon and Hut 8 scoop up $1.6 billion worth of Bitcoin during market dip

Bitcoin mining giants Marathon Digital Holdings and Hut 8 have capitalized on Bitcoin’s recent correction by making multi-billion-dollar investments in the flagship cryptocurrency. On Dec. 19, the companies announced purchases totaling over 16,000 BTC for $1.

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North Korean hacker steal $1.3 billion in crypto this year

Crypto thefts surged to $2. 2 billion in 2024, representing a 21% rise compared to the previous year. According to a Dec. 19 report by Chainalysis, this increase is closely tied to a growing wave of hacking activity, particularly by North Korean-linked cybercriminal groups.

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Meme coins crash: why are Brett, PNUT, Popcat falling?

Most meme coins plunged this week as many retail traders continued to sell in panic as the outlook in crypto worsened. The market cap of all meme coins tracked by CoinGecko was down by 12% to $113 billion on Dec.…

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Bitcoin ETFs flip gold funds in AUM: K33 Research

On Dec. 16, US spot and derivative Bitcoin ETFs collectively broke $129 billion in net assets, surpassing gold ETFs for the first time.

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MicroStrategy marks sixth consecutive week of Bitcoin purchase with additional 15,350 BTC for $1.5 billion

Michael Saylor-led MicroStrategy has purchased 15,350 Bitcoin for $1. 5 billion at an average price of $100,386 per coin, according to a Dec. 16 filing with the US Securities and Exchange Commission (SEC).

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Viral ‘Peanut the Squirrel’ owner battles Binance over billion dollar PNUT memecoin

Mark Longo, known for his viral pet Peanut the Squirrel, has issued a “cease and desist” letter to Binance for the unauthorized use of his intellectual property. On Dec. 16, Longo took to his X account, Squirrel_Dad, to reveal his legal actions while alleging that Binance used images and stories tied to his animals without […] The post Viral ‘Peanut the Squirrel’ owner battles Binance over billion dollar PNUT memecoin appeared first on CryptoSlate.

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Donald Trump reportedly plans to leverage $200 billion US Treasury fund for Bitcoin reserves

US President-elect Donald Trump is reportedly considering an Executive Order to establish a Strategic Bitcoin Reserve (SBR), according to Satoshi Act Fund founder Dennis Porter. On Dec. 15, Porter shared on social media platform X (formerly Twitter) that Trump plans to use the Treasury’s Exchange Stabilization Fund (ESF) to implement this strategy after his inauguration.

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Spot Ethereum ETFs break a key record: can ETH price hit $5k?

Ethereum ETFs have had inflows in the last 16 consecutive days, breaking a personal record. The net inflow on Friday, Dec. 14 stood at over $23.6 million, bringing the total amount since inception to over $2.26 billion.

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Bitcoin’s $19.8B options expiry is coming up — What does it mean for BTC price?

A massive $19.8 billion Bitcoin options expiry takes place on Dec. 27. Are bulls or bears better positioned?

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Bitcoin ETF inflows surge over 160% as total inflows surpass $35b

Inflows into the 12 spot Bitcoin exchange-traded funds surged by nearly 168% on Dec. 12, pushing the total net inflows for these investment products above $35 billion for the first time. According to data from SoSoValue, inflows into Bitcoin ETFs…

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Ethena Labs to release its synthetic USDe stablecoin on Dec. 16

Ethena Labs announced the launch of its synthetic USDe stablecoin on Dec. 16, 2024, as the token's market cap reached $5.73 billion, an all-time high.

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Binance dominates 2024 with $21.6 billion deposits and record 250 million users

Binance has cemented its position as the leading crypto exchange by reporting customer deposits totaling $21. 6 billion in 2024, according to a Dec. 12 report. This achievement places Binance significantly ahead of its competition, with data from DeFi Llama revealing that the exchange’s deposits surpass the combined total of the next ten largest exchanges tracked […] The post Binance dominates 2024 with $21.

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BlackRock and Fidelity bought half of billion dollars in Ethereum

The two biggest exchange-traded fund (ETF) issuers, BlackRock and Fidelity, bought over $500 million in Ether in the past two days. According to Arkham Intelligence X’s post on Dec. 12, BlackRock and Fidelity acquired more than half of a billion…

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3 reasons why Solana price may jump to $500 soon

Solana price staged a strong recovery after dropping to a low of $204 on Dec. 11, with signs pointing to a more sustained rebound. Solana (SOL) rose to $227, bringing its market cap to over $107 billion. This recovery mirrored…

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Bitcoin ETFs record $439.5m inflows as total net inflows surpass $34b

Spot Bitcoin exchange-traded funds in the United States recorded their ninth consecutive day of inflows on Dec. 10, with total net inflows into these investment products surpassing $34 billion. According to data from SoSoValue, the 12 spot Bitcoin ETFs attracted…

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Small-cap crypto lead $1.7 billion liquidation, market cap falls 6%

The crypto market has witnessed a massive outbreak in just a day, with liquidation data showing hundreds of thousands of traders have been liquidated and the market cap shrunk. According to the data from CoinGlass on Dec. 10, market traders have seen…

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Saylor’s MicroStrategy added $2.1b in Bitcoin

MicroStrategy acquired another 21,550 Bitcoin for approximately $2.1 billion in cash between Dec. 2 and Dec. 8, executive chairman Michael Saylor said.

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Expert take: Here’s why CRV rallied 500% to 22-month highs

The Curve DAO token saw significant growth as December started, emerging as one of the top gainers over the past month. Curve DAO (CRV) rallied 500% in 30 days, reaching $1.33 with a market cap of $1.6 billion on Dec.…

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Hedera hits 3-year high, monthly gains near 600%

Hedera rose to a three-year high of $0.369 on Dec. 7 gaining over 120% in the last seven days while bringing its market cap to over $12.78 billion. The recent rally extended the altcoin’s monthly gains to almost 600% making…

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Bitcoin ETF trading volume spikes 50% amid BTC drop below 100k

U.S. spot Bitcoin exchange-traded funds recorded $7.1 billion in trading volume on Dec. 5, marking a 50% surge from the previous day, as Bitcoin’s price dropped below $100,000. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded net…

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Mt. Gox Transfers $2.8B In Bitcoin As BTC Smashes $100,000 Milestone For First Time In History

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PancakeSwap’s daily trading volume rockets to $1.27b after SpringBoard launch

PancakeSwap’s daily trading volume reached $1.27 billion on Dec. 4, the highest single-day trading volume the decentralized exchanged has seen since March of this year. According to data from PancakeSwap, BNB (BNB) Chain’s largest decentralized exchange saw its daily trading…

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Bitcoin ETFs cross $1 billion in early December as price threatens $100k

Bitcoin exchange-traded funds (ETFs) have attracted over $1 billion in inflows during the early days of December, according to recent Farside data. On Dec. 2, BlackRock led with $338. 3 million in inflows, followed by Fidelity with $25.

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Arbitrum One as the first layer-2 to reached $20 bilion in TVL

Arbitrum, a cryptocurrency network, has announced on its official account that its layer-2 platform has reached $20 billion in total value locked (TVL). Arbitrum on X’s post on Dec. 03 claimed that the first layer-2 platform could reach $20 billion in total…

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South Korea’s crypto trading outpaces its stock market by 22%, hits $18B in 24H

Retail trading volume in South Korea hit $18 billion in 24 hours on Dec. 2, surpassing the Korean stock market by 22%.

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Ethereum recorded an inflow of $2.2 billion this year

The second-largest cryptocurrency in the world, Ethereum, has seen a major inflow from the financial market, with a total of $2. 2 billion this year. According to CoinShare’s published report on Dec.

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US government moves nearly 20k BTC worth $1.92b

A wallet linked to the U.S. government has moved nearly $2 billion worth of Bitcoin to a new address, according to blockchain intelligence and on-chain data platform Arkham. Per Akham, the transfer of nearly 20,000 Bitcoin (BTC) happened on Dec.…

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MicroStrategy’s Bitcoin holdings surpass 400,000 BTC after latest $1.5 billion buy

MicroStrategy has added 15,400 Bitcoin (BTC) to its holdings, spending around $1. 5 billion, according to a Dec. 2 filing with the US Securities and Exchange Commission (SEC). This marks the company’s fourth consecutive weekly purchase, with an average acquisition price of $95,976 per Bitcoin.

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MicroStrategy purchased $1.5B in Bitcoin last week

MicroStrategy announced that it bought 15,400 Bitcoin for $1.5 billion between Nov. 25 and Dec. 1.

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Year-end Bitcoin options poised for bullish close with $5.7 billion expiry

Quick Take As we approach the last trading month of 2023, set to close on Dec. 29, an intriguing pattern surfaced in the Bitcoin options market on the Deribit exchange. Open interest, a metric representing unsettled options contracts betting on Bitcoin’s future price, is gearing for another option expiry on the last Friday of December.

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Tether’s assets exceed liabilities in new reserves report by BDO

As of Dec. 31, 2022, Tether’s consolidated assets amounted to at least $67 billion, exceeding consolidated liabilities by at least $960 million.

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Stablecoin Issuer Tether Reports $700M Profit, Complete Exit From Commercial Paper

Tether's assets as of Dec. 31 stood at $67 billion, with liabilities of $66 billion, almost all of which relates to digital tokens issued.

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Bernstein Says Crypto Exchange Binance Not Likely to Fail

The exchange demonstrated its robustness when about $6 billion of customer funds were withdrawn on Dec. 13, the report said.

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Bahamas controls FTX customer assets worth $3.5bn

Late Thursday, Dec.29, 2022, the Securities Commission of the Bahamas stated that it was holding more than $3.5 billion in FTX client assets since Nov.12. 

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South Korean court freezes $92m of Terra-related funds

The Seoul Southern District Court froze 120 billion won — equivalent to $92 million as of press time — owned by former and incumbent CEOs of Terraform Labs’ affiliate firm Kernel Labs. The Korea Economic Daily reported on Dec. 20 that South Korean…

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CryptoSlate Daily wMarket Update – Dec. 13: Bitcoin nears $18K following CPI data release

The total cryptocurrency market cap saw net inflows of $15. 74 billion and currently stands at $871. 87 billion — up 26% over the past 24 hours. The post CryptoSlate Daily wMarket Update – Dec.

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Why Is the Crypto Market Down Today?

The cryptocurrency market cap (TOTALCAP) has increased alongside an ascending support line since Nov. 22. The upward movement led to a high of $827 billion on Dec. 5.  The post Why Is the Crypto Market Down Today? appeared first on BeInCrypto.

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CryptoSlate Daily wMarket Update – Dec. 2-4: Market turns green as Litecoin leads large caps

The cryptocurrency market cap saw net inflows of $8. 95 billion and currently stands at $868. 98 billion — up 1. 04% from $857. 03 billion over the reporting period. The post CryptoSlate Daily wMarket Update – Dec.

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CryptoSlate Daily wMarket Update – DEC. 1: Top 10 cryptocurrencies record mixed market performance

The cryptocurrency market cap saw net outflows of $3. 99 billion over the last 24 hours and currently stands at $857. 03 billion — down 0. 41% from $861. 02 billion over the reporting period. The post CryptoSlate Daily wMarket Update – DEC.

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Bitcoin Trading Volume Surges To Highest Since Dec 2021

Data shows the  daily Bitcoin trading volume surged to its highest value since December 2021 on Monday, the day of the crash. Bitcoin Trading Volume Spikes Up As Activity Increases In The Market As per the latest weekly report from Arcane Research, the BTC spot volume increased to around $15.7 billion during the crash. The […]

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Some SHIB Go Back to Circulation, Cardano and Monero Show Possible Price Increase, 2.5 Billion SHIB Burned Since Dec. 1: Crypto News Digest by U.Today

Only the latest crypto news and updates in the U.Today news digest!

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2.5 Billion SHIB Burned Since Dec. 1, 428 Million Gone This Week; Will Price Start Rising Soon?

Almost three billion Shiba Inu tokens have been burnt since start of December

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